I have a few more insights regarding IDC report about best ecommerce platforms for B2C midmarket. Just a recap, IDC named VTEX, Shopify and Intershop Communications as leaders in the B2C Midmarket segment by IDC. All of them are core ecommerce companies. Two of them are founder-led. Intershop is today a plublic company. The original founder left many years ago and also founded Demandware, which was later acquired by Salesforce All of them have strong regional basis in a Top 10 ecommerce market. Shopify in Canada, Vtex in Brazil and Intershop in Germany. All of them are publicly traded companies. Although Shopify has 50x bigger market cap than Vtex and even more compared to Intershop, which seems to be a rather small company these days. And here the similarities end. Shopify was born to help SMB sell online and is growing from there. VTEX was always Midmarket/Enterprise Intershop seems more worried about B2B Ecommerce. And that actually puzzles me. How such a small company focused in B2B commerce is positioned as leader in this B2C report? Any guess? #business #ecommerce #technology
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The B2B commerce scene is changing rapidly, and customers are looking for smooth, user-friendly digital experiences just like they get with B2C shopping. To keep up, B2B businesses need to adapt and use scalable solutions that simplify their operations and promote growth. Enter Shopify and BigCommerce. These platforms are packed with features for B2B eCommerce. Shopify stands out with its customization options, easy ordering processes, and integrated tools that help businesses create a B2C-like shopping experience. With Shopify Plus, you can access powerful tools like automated discounts, manage multiple stores, and set custom pricing, giving you the flexibility to cater to various buyer needs. On the flip side, BigCommerce takes an API-driven approach, offering more flexibility for integrating with your current systems. Its built-in B2B features, such as custom pricing lists, quoting, and credit limits, along with headless commerce options, make it ideal for more complex business models. In a fast-paced world, Shopify and BigCommerce equip B2B companies with the resources to foster relationships, enhance efficiency, and scale smoothly. Want to get ahead with your B2B strategy? Now’s the perfect moment! https://lnkd.in/gzbhimqm #B2BCommerce #ShopifyPlus #BigCommerce #Ecommerce
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Shopify has been named a Leader in the IDC MarketSpace: Worldwide B2C Digital Commerce Platforms for Midmarket Growth 2024 Vendor Assessment. The report defines "Midmarket" as enterprises with $100M to $500M or more in revenue. The 2024 IDC MarketSpace provides insights into the challenges and opportunities for growing companies, key industry trends, and a summary of Shopify's strengths. According to the report, "Shopify will be particularly attractive for buyers looking for a multitenant SaaS digital commerce platform with a proven track record in DTC, a vast 3P ecosystem, low TCO and built-in payments." Click the link below to grab a copy of the report. #shopify #commerce #idcmarketscape https://lnkd.in/dy3xV68y
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In case you missed it: Shopify is a leader in digital commerce - now also proven by IDC’s report on 2024 MarketScape for B2C Digital Commerce 🚀 According to the report, “Shopify will be particularly attractive to buyers looking for a multitenant SaaS digital commerce platform with a proven track record in DTC, a vast 3P ecosystem, low TCO, and built-in payments.” Curious about all the details 🤓? Link to the report in the first comment below ⬇️ #makecommercebetterforeveryone #shopify #digitalcommerce #b2c #innovation #futureofcommerce #commerce #letsgo #marketresearch #marketresearchreport #idc #idcmarketscape
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Yet another report is in: Shopify is a leader in digital commerce - just ask IDC. Shopify was just named the Leader in IDC’s 2024 MarketScape for B2C Digital Commerce. There are 2 reasons this is important: our momentum and our speed to market. 1️⃣ Our momentum is unmatched in the high-growth companies and enterprise business landscape. Shopify's investment in our commerce platform capabilities for enterprises is what landed us in the top right leadership position in the 2024 IDC MarketScape Worldwide B2C Digital Commerce Platform. Shopify's leadership position continues to grow; with every new MarketScape published, we continue to climb; we are no longer just a major player; we are delivering the world's most flexible and scaled commerce platform. Shopify is bringing the most critical commerce solutions with the ultimate agility to enterprises. Our trajectory is only up. 2️⃣ Speed is everything in commerce - 94% of enterprises say timely implementation is important when upgrading their commerce platform. One of the reasons we ranked as the Leader on IDC is we are unparalleled in our speed to market. We were recognized by IDC for our rapid stand-up time and low total cost of ownership, increasing the operational efficiency and speed at which we add value to enterprises. We are building commerce platforms for the future and making it possible for enterprises and brands of all sizes to win - fast. We know there is no one path to get there, which is why we offer the optionality of building on the full platform, headless, or modular, so you have a solution that works for you. It's why we are trusted to build with brands like Carrier and Everlane. You are only going to see more of this. If you or your business are considering re-platforming - let's talk. https://lnkd.in/eAYR7efa
Shopify recognized as a Leader in IDC MarketScape: Worldwide B2C Digital Commerce Platforms for Midmarket Growth 2024 Vendor Assessment
shopify.com
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Choosing the right e-commerce platform is key to your business's growth and future success. Don't miss this exclusive webinar with Forrester's Principal Analyst, Joe Cicman, where you'll gain expert insights on selecting the right platform to support your business. Learn how to achieve steady returns, balance platform flexibility, and meet evolving customer demands from Stacy Vautour Hanks, Andy S., and Isabell Zeitz. 📅 Date: Thursday, September 26th, 2024 🕒 Time: 15:00 – 16:00 CET | 09:00 – 10:00 AM ET 👉 Secure your spot now #B2B #eCommerce #DigitalTransformation #CustomerExperience #Growth
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BigCommerce released some great updates for their B2B edition this week, that show that they are not only trying to continuously innovate but also are ensuring that the "small things" are considered as well. From a very high level; 1. Easy way to close the buyer portal (and X in the top right corner) 2. Choose your customer's adventure for login (buy portal or the storefront) 3. Added "required" selectable option to two fields for buyer portal registration 4. Quote title field added 5. Multiple more updates. I see a lot of articles about which companies are poised to lead in the coming years, especially with the drastic increase in B2B commerce. I think Shopify is a frontrunner for sure, but I think that BigCommerce has the right formula, and if they keep executing, they will be a strong contender for a top spot. #bigcommerce #b2b #b2becommerce #eprocurement #b2bleaders
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Shopify was just named the Leader in IDC’s 2024 MarketScape for B2C Digital Commerce. There are 2 reasons this is important: our momentum and our speed to market. 1️⃣ Our momentum is unmatched in the high-growth companies and enterprise business landscape. Shopify's investment in our commerce platform capabilities for enterprises is what landed us in the top right leadership position in the 2024 IDC MarketScape Worldwide B2C Digital Commerce Platform. Shopify's leadership position continues to grow; with every new MarketScape published, we continue to climb; we are no longer just a major player; we are delivering the world's most flexible and scaled commerce platform. Shopify is bringing the most critical commerce solutions with the ultimate agility to enterprises. Our trajectory is only up. 2️⃣ Speed is everything in commerce - 94% of enterprises say timely implementation is important when upgrading their commerce platform. One of the reasons we ranked as the Leader on IDC is we are unparalleled in our speed to market. We were recognized by IDC for our rapid stand-up time and low total cost of ownership, increasing the operational efficiency and speed at which we add value to enterprises. We are building commerce platforms for the future and making it possible for enterprises and brands of all sizes to win - fast. We know there is no one path to get there, which is why we offer the optionality of building on the full platform, headless, or modular, so you have a solution that works for you. It's why we are trusted to build with brands like Carrier and Everlane. https://lnkd.in/eRHWyYJ9
Shopify recognized as a Leader in IDC MarketScape: Worldwide B2C Digital Commerce Platforms for Midmarket Growth 2024 Vendor Assessment
shopify.com
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A word that describes innovation in e-commerce: Shopify 📈 ....and that's because it's a simple leader! #shopify #shopifyexperts #shopifypartner #ecommerce #tiendaonline #business #agency #software #onlinestore
Yet another report is in: Shopify is a leader in digital commerce - just ask IDC. Shopify was just named the Leader in IDC’s 2024 MarketScape for B2C Digital Commerce. There are 2 reasons this is important: our momentum and our speed to market. 1️⃣ Our momentum is unmatched in the high-growth companies and enterprise business landscape. Shopify's investment in our commerce platform capabilities for enterprises is what landed us in the top right leadership position in the 2024 IDC MarketScape Worldwide B2C Digital Commerce Platform. Shopify's leadership position continues to grow; with every new MarketScape published, we continue to climb; we are no longer just a major player; we are delivering the world's most flexible and scaled commerce platform. Shopify is bringing the most critical commerce solutions with the ultimate agility to enterprises. Our trajectory is only up. 2️⃣ Speed is everything in commerce - 94% of enterprises say timely implementation is important when upgrading their commerce platform. One of the reasons we ranked as the Leader on IDC is we are unparalleled in our speed to market. We were recognized by IDC for our rapid stand-up time and low total cost of ownership, increasing the operational efficiency and speed at which we add value to enterprises. We are building commerce platforms for the future and making it possible for enterprises and brands of all sizes to win - fast. We know there is no one path to get there, which is why we offer the optionality of building on the full platform, headless, or modular, so you have a solution that works for you. It's why we are trusted to build with brands like Carrier and Everlane. You are only going to see more of this. If you or your business are considering re-platforming - let's talk. https://lnkd.in/eAYR7efa
Shopify recognized as a Leader in IDC MarketScape: Worldwide B2C Digital Commerce Platforms for Midmarket Growth 2024 Vendor Assessment
shopify.com
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BD Lead | Driving Shopify's growth in LATAM
8moGood point, Daniel Bender. Ultra-niched players can get better reviews since they focus on a specific market. If they scale, the rating gets diluted. As someone who has been in the commerce industry for quite some time and now has a seat at Shopify, let me contribute some insights: - Shopify has a global presence in 175 countries, and it is #1 commerce platform in the UK, Germany, Brazil, and Mexico, among others. It accounts for 10% of the total US market. Canada was just the initial spark 20 years ago; - While all the companies mentioned are core commerce companies, Shopify has 4,500 commerce engineers dedicated to making commerce better for everyone, everywhere. This engineering-led force is the reason why Shopify delivers over 100 updates, new features, and innovations every semester in our Editions. - Shopify's market cap is 61x bigger; - Shopify helps merchants from their first sale to full scale, and when decision makers think of enterprise commerce platforms, they think of Shopify. Check out the Nielsen|LinkedIn survey. - Shopify offers the most scaled platform, faster time-to-market, and seamless integration. Choosing the best has never been so easy. Thank you for sharing your thoughts.